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12/2015

SALAD SIGNATURE acquired by IK PARTNERS

NETHERLANDS Food Processing / Food Products REV €100–200M

Context

IK Investment Partners has agreed to acquire Salad Signature from AAC Capital. The company generated revenue of EUR176 million in 2015. This Secondary LBO facilitates the exit of AAC Capital, which had built the group through the merger of Johma and Hamal. IK's strategy is to support the management team in expanding beyond the core Benelux market into France, Scandinavia, the UK, and Germany, both organically and through add-on acquisitions.

SALAD SIGNATURE, which reported an EBITDA margin of [members only] in 2015, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the AgriFood sector (11.0x).

-> Deep-dive in AgriFood market trends

Target

Salad Signature is a leading branded food franchise in the fresh categories of spreads, dips and salads, selling its products both through private labels and its own brands. The Company s core markets are the Netherlands and Belgium, with an emerging international presence in France, Scandinavia, UK, Germany, and Poland.

Ent. Value

€100–200M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2015
€100–200M
[members only]
[members only]
2014
€100–200M
[members only]
[members only]

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12/2015JAB BEECHKEURIG DR PEPPERUNITED STATESBeverages
11/2015CONSTELLATION BRANDSBALLAST POINTUNITED STATESWines & Spirits
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REFERENCES

Revenue range: €100–200M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SALAD SIGNATURE by IK PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: salad signature

Acquirer: ik partners